Note

Cash flows from operating activities

loss before taxation

2012
RM000

2011
RM000

(424,801)

(2,512,884)

adjustments for:
Fair value change of derivatives

17,216

(60,660)

aircraft, property, plant and equipment:

- depreciation

545,449

423,573

- loss on disposal, net

- (writeback of)/provision
for impairment losses, net

42,479

56,429

(31,857)

426,558

- written off, net

2,361

25,462

25

730,262

928,469

9,252

17,037

(210,620)

(186,337)
39,428
46,810
42,119

- aircraft maintenance and overhaul costs

- short term accumulating compensated absences

of carriage
- doubtful debts, net
- inventories obsolescence, net
- inventories loss
- impairment losses for:

4
4
4

13,595
15,327
7,830

associates, net
amortisation of intangible assets

4
4

34,757

Operating profit/(loss) before working capital changes carried forward

esOs expense share of results of:
- associated companies

33,420

29,644

(7,000)
27,006

(720,576)

751,250
7

- 550
(22,602) (25,332)

- jointly controlled entity

Unrealised foreign exchange (gain)/loss
interest income
dividend income
interest expense

23,860
(189,968)
(53,620)
(22,175)
235,259

14,604
129,115
(28,830)
(18,292)
159,311

Operating profit/(loss) before working capital changes

722,004

(489,450)

decrease/(increase) in inventories
(increase)/decrease in trade and other receivables
increase in sales in advance of carriage
increase/(decrease) in deferred revenue
(decrease)/increase in trade and other payables
decrease in provisions

7,946
(10,511)
167,704
18,729
(309,119)
(588,426)

(20,347)
164,080
214,934
(27,516)
564,636
(675,271)

Cash used in operating activities

4
4
6

25
8,327

net cash settlement on derivatives

Premium paid on derivatives
interest paid
taxes (paid)/refunded
net cash used in operating activities
Note

(268,934)

(177,422)

21,728
(330,824)
(4,268)
(305,037)

(663,445)
(102,080)
- (24,886)
(203,598)
2,879
(596,619)

2012
RM000

Group
2011
RM000

2012
RM000

Company
2011
RM000

(4,726,762)

Cash flows from investing activities

Purchase of:
- aircraft, property, plant and equipment
- intangible assets
- investments in jointly controlled entity
- other investments
- investment in subsidiary

(4,938,469)

(3,386,370)

(36,912)
(23,860)
(2,451)

(47,445)
(12,244)
--

- negotiable instruments of deposits

101,073

35,000

- deposits pledged with banks

41,174

106,024

- aircraft, property, plant and equipment

822,306

1,216,076

- other investments
interest received
dividend received

31,484
35,336

net cash used in investing activities

(3,758,600)

(2,164,355)

(3,425,396)

(1,341,652)

Cash flows from financing activities

Proceeds from:
- borrowings

8,658,520

1,160,418

8,440,485

673,892

- aircraft refinancing
- issuance of Perpetual sukuk repayment of:
- borrowings

944,609
1,498,190

1,033,879
944,609
1,498,190

(5,100,000)

(277,390)

- finance lease
redemption of rCPs
distribution to Perpetual sukuk holders dividends paid to:
- rCPs holders

16

(3,516,585)

27
30

(312,155)
(415,103)

27

12 5
29,429
25,385

(641)

(2,102)

5,238,825

1,796,011

Net increase/(decrease) in cash and cash equivalents

1,175,188

(964,963)

958,814

1,923,777

2,134,002

958,814

Cash and cash equivalents at end of year

20

(293)
35,000
106,024

41,174

1,861,360

1,317,689
12
56,091
36,268

5
50,231
29,664

1,033,879
-

(5,100,000)

- (12,454)

net cash generated from financing activities

(37,273)
-

101,073

(106,340)
(261,077)
(415,103)
(34,595) (34,595)

- minority shareholders in subsidiaries

Cash and cash equivalents at beginning of year

(36,783)
(2,451)
-

5,072,509
1,183,255

859,775
2,043,030

(250,000)
(134,872)
(12,454)
1,310,445
(991,218)

1,850,993
859,775

44

2012
RM000

2011
RM000

(478,044)

(2,340,104)

17,216

(60,660)

464,767

376,871

43,967

56,513

(31,857)

337,004

2,361

25,458

679,679

905,111

9,252

17,037

(200,289)

(175,734)

68,043
15,327
7,830

41,049
46,810
42,119

(7,000)
27,006
627,896

(708,520)
-

550

(130,833)
(78,229)
(36,268)
205,565

96,631
(49,632)
(29,664)
154,533

588,131

(536,102)

5,580
(53,676)
153,530
18,832
(302,893)
(586,926)

(18,152)
(270,586)
179,379
(28,011)
683,411
(673,384)

(302,673)
(5,491)

(102,080)
- (24,886)
(164,777)
(4,823)

(463,858)

(960,011)

21,728

2012
RM000

Company
2011
RM000

(4,938,469)

(36,783)
51)
-

(3,386,370)

(37,273)
(293)
35,000

101,073

106,024

41,174

1,861,360

1,317,689

12
56,091
36,268

5
50,231
29,664

(3,425,396)

(1,341,652)

8,440,485

673,892

1,033,879

944,609
-

(5,100,000)

(261,077)
03)
95)
5,072,509
1,183,255

859,775

2,043,030

(250,000)
(134,872)
(12,454)
1,310,445
(991,218)

1,850,993
859,775